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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.61+0.7%9:36 AM EST

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To: Glenn D. Rudolph who wrote (123454)4/11/2001 11:39:37 AM
From: Crystal ball  Read Replies (2) of 164684
 
Agree: AMZN is for convenience, not efficiency. However, AMZN will create new economy of scales for all brick and mortar competitors because people will price compare online when they shop. That may push prices and profit margins of brick and mortars down enough where their efficiencies come into question also. OIL and shippin costs are a factor, but Americans, when somewhat affluent or just plain lazy, do want the convenience. For shareholders, the question is when will the BEZOS infrastructure business model pay off for the stock price?
Too early to tell for me, I sold AMZN and while the current good news is good, I am still buying and holding PALM and NTAP for better GROWTH and solid old fashion distribution channels, plus the Clicks like on AMZN.
I am,
Truly your$,
-Crystal Ball
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